KLSE Comex Recommendations : Epic Research Malaysia

INTERNATIONAL COMMODITY NEWS :

Crude oil futures rose on Friday, to trade near two-week highs amid growing concerns over fresh tensions in Ukraine and as    U.S. manufacturing data released on Thursday continued to support. Oil prices strengthened after a Malaysian Airlines passenger jet crashed in eastern Ukraine. All 298 people on board were killed, sharply raising the stakes in a conflict between Kiev and pro-Moscow rebels in which Russia and the West back opposing sides.

TRADING STRATEGY :

GOLD-COMEX has closed @ 1310.14. If it breaks the level of 1304.29, it can touch the level of 1335 & 1329 respectively. If it sustain above the level of 1314, it can touch the level of 1320, 1328 respectively.

• SELL GOLD-COMEX BELOW 1304 TGTS 1297, 1285 SL 1314.
• BUY GOLD-COMEX ABOVE 1314 TGTS 1321, 1333 SL 1304.

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